HomeMy WebLinkAbout2018-156 (Colonial Life's proposal for employee voluntary worksite Insurance Policies effective September 1, 2018) RESOLUTION 2018-156
APPROVING COLONIAL LIFE'S PROPOSAL FOR EMPLOYEE VOLUNTARY WORKSITE
INSURANCE POLICIES EFFECTIVE SEPTEMBER 1,2018
WHEREAS, the City of Stillwater Labor-Management Insurance Work Group has
spent the past six months reviewing the current voluntary ancillary insurance products
available to City employees; and,
WHEREAS, in order to review the insurance market for competitive pricing for
voluntary worksite insurance products for City employees, the Insurance Work Group
involved CBIZ, the City's insurance consultant to assist in soliciting bids for voluntary
worksite employee insurance products; and,
WHEREAS, responses to the bid request for voluntary worksite employee insurance
products were evaluated and the top firms were reviewed by the Insurance Work Group;
and
WHEREAS, based upon an evaluation of the proposals and quotes received, the
Insurance Work Group recommends that the City Council accept the proposal from
Colonial Life for provision of employee voluntary accident, critical illness, and hospital
confinement insurance plans.
NOW THEREFORE BE IT RESOLVED, by the City Council of Stillwater,Ninnesota,
that the City accept Colonial Life's proposal for provision of employee voluntary accident,
critical illness,and hospital confinement insurance policies effective September 1, 2018.
BE IT FURTHER RESOLVED that the Stillwater City Council authorizes the Mayor
and City Clerk to sign the agreement.
Adopted by the City Council of the City of Stillwater this 17 th day of July, 2018.
Ted Kozlowski, yor
ATTEST:
Ic ,
J. Tomas McCarty, Acting y Clerk